Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥21.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 36x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥26.86, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 43x in the Electronic industry in China. Total returns to shareholders of 63% over the past three years. Annonce • Jun 30
Shenzhen H&T Intelligent Control Co.Ltd to Report First Half, 2026 Results on Aug 19, 2026 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report first half, 2026 results on Aug 19, 2026 Declared Dividend • May 23
Dividend increased to CN¥0.20 Dividend of CN¥0.20 is 100% higher than last year. Ex-date: 27th May 2026 Payment date: 27th May 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (222% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 92% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • May 04
Consensus revenue estimates fall by 15% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥14.9b to CN¥12.7b. EPS estimate fell from CN¥0.993 to CN¥0.92 per share. Net income forecast to grow 37% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥49.12 to CN¥45.49. Share price fell 3.9% to CN¥31.66 over the past week. New Risk • Apr 30
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 222% Dividend yield: 0.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.18 (vs CN¥0.18 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.18 (up from CN¥0.18 in 1Q 2025). Revenue: CN¥2.81b (up 8.9% from 1Q 2025). Net income: CN¥170.0m (flat on 1Q 2025). Profit margin: 6.0% (down from 6.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 28
Shenzhen H&T Intelligent Control Co.Ltd, Annual General Meeting, May 18, 2026 Shenzhen H&T Intelligent Control Co.Ltd, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annonce • Mar 31
Shenzhen H&T Intelligent Control Co.Ltd to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Annonce • Dec 31
Shenzhen H&T Intelligent Control Co.Ltd to Report Fiscal Year 2025 Results on Apr 10, 2026 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report fiscal year 2025 results on Apr 10, 2026 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥44.06, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 199% over the past three years. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥2.82b (up 14% from 3Q 2024). Net income: CN¥249.2m (up 58% from 3Q 2024). Profit margin: 8.8% (up from 6.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Sep 30
Shenzhen H&T Intelligent Control Co.Ltd to Report Q3, 2025 Results on Oct 23, 2025 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report Q3, 2025 results on Oct 23, 2025 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥43.95, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 191% over the past three years. New Risk • Aug 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.11 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.20 (up from CN¥0.11 in 2Q 2024). Revenue: CN¥2.86b (up 11% from 2Q 2024). Net income: CN¥184.3m (up 82% from 2Q 2024). Profit margin: 6.4% (up from 3.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥30.97, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 49% over the past three years. Annonce • Jul 02
Shenzhen H&T Intelligent Control Co.Ltd to Report First Half, 2025 Results on Aug 15, 2025 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report first half, 2025 results on Aug 15, 2025 Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥23.33, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 25% over the past three years. Annonce • Apr 25
Shenzhen H&T Intelligent Control Co.Ltd Proposes Final Cash Dividend for the Year 2024 Shenzhen H&T Intelligent Control Co.Ltd proposed final cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2024. Annonce • Apr 23
Shenzhen H&T Intelligent Control Co.Ltd, Annual General Meeting, May 14, 2025 Shenzhen H&T Intelligent Control Co.Ltd, Annual General Meeting, May 14, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.36 in FY 2023) Full year 2024 results: EPS: CN¥0.39 (up from CN¥0.36 in FY 2023). Revenue: CN¥9.66b (up 29% from FY 2023). Net income: CN¥364.3m (up 9.9% from FY 2023). Profit margin: 3.8% (down from 4.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥15.74, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 6.4% over the past three years. Annonce • Mar 31
Shenzhen H&T Intelligent Control Co.Ltd to Report Q1, 2025 Results on Apr 23, 2025 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report Q1, 2025 results on Apr 23, 2025 Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥23.08, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 2.6% over the past three years. New Risk • Jan 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.9% net profit margin). Annonce • Dec 31
Shenzhen H&T Intelligent Control Co.Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025 Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.30, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥17.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 31% over the past three years. New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (3.9% net profit margin). Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥15.53, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the Electronic industry in China. Total loss to shareholders of 35% over the past three years. Annonce • Sep 30
Shenzhen H&T Intelligent Control Co.Ltd to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.46, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 48% over the past three years. Price Target Changed • Aug 26
Price target decreased by 22% to CN¥14.45 Down from CN¥18.45, the current price target is an average from 2 analysts. New target price is 58% above last closing price of CN¥9.15. Stock is down 35% over the past year. The company is forecast to post earnings per share of CN¥0.54 for next year compared to CN¥0.36 last year. Annonce • Jun 29
Shenzhen H&T Intelligent Control Co.Ltd to Report First Half, 2024 Results on Aug 23, 2024 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Declared Dividend • May 02
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 51% higher than last year. Ex-date: 9th May 2024 Payment date: 9th May 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 164% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Apr 27
Consensus EPS estimates increase by 18% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.59 to CN¥0.698. Revenue forecast unchanged at CN¥9.57b. Net income forecast to grow 106% next year vs 57% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥18.30. Share price rose 3.5% to CN¥11.85 over the past week. Major Estimate Revision • Apr 05
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥9.46b to CN¥9.26b. EPS estimate also fell from CN¥0.787 per share to CN¥0.59 per share. Net income forecast to grow 65% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥19.07 to CN¥18.45. Share price fell 8.4% to CN¥11.62 over the past week. Reported Earnings • Apr 01
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: CN¥0.36 (down from CN¥0.48 in FY 2022). Revenue: CN¥7.51b (up 26% from FY 2022). Net income: CN¥331.4m (down 24% from FY 2022). Profit margin: 4.4% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥9.82, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 52% over the past three years. Annonce • Dec 30
Shenzhen H&T Intelligent Control Co.Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024 Shenzhen H&T Intelligent Control Co.Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024 Price Target Changed • Nov 10
Price target decreased by 9.4% to CN¥19.07 Down from CN¥21.05, the current price target is an average from 3 analysts. New target price is 35% above last closing price of CN¥14.12. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.48 last year. Major Estimate Revision • Nov 02
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.69 to CN¥0.57. Revenue forecast unchanged from CN¥7.51b at last update. Net income forecast to grow 73% next year vs 73% growth forecast for Electronic industry in China. Consensus price target down from CN¥21.05 to CN¥20.41. Share price rose 2.0% to CN¥13.65 over the past week. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.14 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.14 in 3Q 2022). Revenue: CN¥1.89b (up 23% from 3Q 2022). Net income: CN¥140.6m (up 8.2% from 3Q 2022). Profit margin: 7.4% (down from 8.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Guozhi Liang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Sep 04
Price target decreased by 11% to CN¥21.05 Down from CN¥23.71, the current price target is an average from 3 analysts. New target price is 40% above last closing price of CN¥15.06. Stock is down 10.0% over the past year. The company is forecast to post earnings per share of CN¥0.71 for next year compared to CN¥0.48 last year. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥1.95b (up 19% from 2Q 2022). Net income: CN¥111.9m (down 14% from 2Q 2022). Profit margin: 5.7% (down from 7.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.48 (down from CN¥0.61 in FY 2021). Revenue: CN¥5.97b (flat on FY 2021). Net income: CN¥437.6m (down 21% from FY 2021). Profit margin: 7.3% (down from 9.2% in FY 2021). Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Major Estimate Revision • Mar 10
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate fell from CN¥0.675 to CN¥0.603. Revenue forecast unchanged from CN¥6.46b at last update. Net income forecast to grow 62% next year vs 45% growth forecast for Electronic industry in China. Consensus price target down from CN¥23.71 to CN¥21.77. Share price fell 3.5% to CN¥16.28 over the past week. Price Target Changed • Mar 07
Price target decreased by 8.2% to CN¥21.77 Down from CN¥23.71, the current price target is an average from 3 analysts. New target price is 28% above last closing price of CN¥16.98. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.61 last year. Board Change • Dec 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Guozhi Liang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 16
Shenzhen H&T Intelligent Control Co., Ltd. Announces Management Appointments Shenzhen H&T Intelligent Control Co., Ltd. announced at the EGM held on November 14, 2022 that the company approved election of Bai Qingli and Liang Guozhi as non-independent directors; Sun Jinshan as independent director and Zuo Qin as non-employee supervisor. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Zhongliang Sun was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.18 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.18 in 3Q 2021). Revenue: CN¥1.54b (flat on 3Q 2021). Net income: CN¥129.9m (down 20% from 3Q 2021). Profit margin: 8.5% (down from 11% in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 26
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥7.49b to CN¥7.27b. EPS estimate also fell from CN¥0.78 per share to CN¥0.70 per share. Net income forecast to grow 67% next year vs 44% growth forecast for Electronic industry in China. Consensus price target of CN¥24.02 unchanged from last update. Share price fell 9.5% to CN¥18.39 over the past week. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.18 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.18 in 2Q 2021). Revenue: CN¥1.64b (up 4.0% from 2Q 2021). Net income: CN¥130.2m (down 23% from 2Q 2021). Profit margin: 7.9% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 45%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 19
Price target increased to CN¥24.02 Up from CN¥21.81, the current price target is an average from 6 analysts. New target price is 18% above last closing price of CN¥20.31. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.78 for next year compared to CN¥0.61 last year. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥20.87, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 142% over the past three years. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.06, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥18.01, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 117% over the past three years. Price Target Changed • May 10
Price target decreased to CN¥21.81 Down from CN¥24.94, the current price target is an average from 6 analysts. New target price is 56% above last closing price of CN¥13.95. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥0.73 for next year compared to CN¥0.61 last year. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.078 (down from CN¥0.12 in 1Q 2021). Revenue: CN¥1.24b (down 2.7% from 1Q 2021). Net income: CN¥71.5m (down 34% from 1Q 2021). Profit margin: 5.8% (down from 8.5% in 1Q 2021). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 42%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Zhongliang Sun was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 22
Shenzhen H&T Intelligent Control Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2021, Payable on 27 April 2022 Shenzhen H&T Intelligent Control Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.00000000. Record date is 26 April 2022. Ex-date is 27 April 2022 and Payment date is 27 April 2022. Annonce • Apr 20
Shenzhen H&T Intelligent Control Co., Ltd. Proposes Cash Dividend for the Year 2021 Shenzhen H&T Intelligent Control Co., Ltd. proposed cash dividend of CNY 1.0000000 per 10 shares (tax included) for the year 2021. Annonce • Mar 31
Shenzhen H&T Intelligent Control Co., Ltd., Annual General Meeting, Apr 18, 2022 Shenzhen H&T Intelligent Control Co., Ltd., Annual General Meeting, Apr 18, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider Special report on the deposit and use of 2021 raised funds; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider Reappointment of 2021 financial audit firm; to consider 2022 application for credit line to banks; to consider Reappointment of 2022 financial audit firm; and to consider any other matters. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥19.87, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 102% over the past three years. Reported Earnings • Feb 22
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.61 (up from CN¥0.44 in FY 2020). Revenue: CN¥5.99b (up 28% from FY 2020). Net income: CN¥553.4m (up 40% from FY 2020). Profit margin: 9.2% (up from 8.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 36%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.12 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.52b (up 12% from 3Q 2020). Net income: CN¥161.8m (up 49% from 3Q 2020). Profit margin: 11% (up from 8.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Aug 20
Price target increased to CN¥28.88 Up from CN¥24.94, the current price target is an average from 6 analysts. New target price is 22% above last closing price of CN¥23.64. Stock is up 37% over the past year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.58b (up 45% from 2Q 2020). Net income: CN¥168.2m (up 58% from 2Q 2020). Profit margin: 11% (up from 9.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.07 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.27b (up 73% from 1Q 2020). Net income: CN¥108.0m (up 75% from 1Q 2020). Profit margin: 8.5% (up from 8.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 21
Shenzhen H&T Intelligent Control Co., Ltd. Approves Cash Dividend for the Year 2020 Shenzhen H&T Intelligent Control Co., Ltd. at its annual general meeting held on March 18, 2021, approved cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2020. Annonce • Feb 26
Shenzhen H&T Intelligent Control Co., Ltd., Annual General Meeting, Mar 18, 2021 Shenzhen H&T Intelligent Control Co., Ltd., Annual General Meeting, Mar 18, 2021, at 14:30 China Standard Time. Agenda: To consider 2020 work report of the board of directors; to consider 2020 work report of the supervisory committee; to consider 2020 annual report and its summary; to consider Special report on the deposit and use of 2020 raised funds; to consider 2020 annual accounts; to consider 2020 profit distribution plan; to consider Reappointment of 2021 financial audit firm; to consider 2020 remuneration for senior management; to consider 2021 remuneration plan for directors and senior management; and to consider any other matters. Analyst Estimate Surprise Post Earnings • Feb 25
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.2%. Earnings per share (EPS) exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 31%, compared to a 31% growth forecast for the Electronic industry in China. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS CN¥0.44 (vs CN¥0.36 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.67b (up 28% from FY 2019). Net income: CN¥396.0m (up 31% from FY 2019). Profit margin: 8.5% (up from 8.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 25
New 90-day high: CN¥23.51 The company is up 38% from its price of CN¥17.08 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.44 per share. Is New 90 Day High Low • Feb 01
New 90-day high: CN¥21.62 The company is up 23% from its price of CN¥17.53 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.82 per share. Annonce • Jan 22
Shenzhen H&T Intelligent Control Co., Ltd. to Report Fiscal Year 2020 Results on Feb 25, 2021 Shenzhen H&T Intelligent Control Co., Ltd. announced that they will report fiscal year 2020 results on Feb 25, 2021 Price Target Changed • Jan 13
Price target raised to CN¥18.82 Up from CN¥17.16, the current price target is an average from 2 analysts. The new target price is 5.3% below the current share price of CN¥19.87. As of last close, the stock is up 48% over the past year. Is New 90 Day High Low • Jan 11
New 90-day high: CN¥19.22 The company is up 14% from its price of CN¥16.81 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.82 per share. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥339.7m, up 22% from the prior year. Total revenue was CN¥4.19b over the last 12 months, up 23% from the prior year. Annonce • Oct 16
Shenzhen H&T Intelligent Control Co., Ltd. to Report Q3, 2020 Results on Oct 22, 2020 Shenzhen H&T Intelligent Control Co., Ltd. announced that they will report Q3, 2020 results on Oct 22, 2020